$222,500
353 Mercy Tellez Court, Socorro, TX, 79927
Pending
Property Lead Type:
BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesSee Remarks
FlooringSee Remarks, Carpet
Exterior
Exterior FeaturesBack Yard Access
Lot Size6,000 sqft
Building Information
Year Built2022
Roof Type105
Garage Spaces2
Land Information
APNE951-000-0050-1100
Lot Number11
SubdivisionEstancias Del Parral
Land UseResidential
Legal DescriptionBLK 5 ESTANCIAS DEL PARRAL LOT 11
Census Tract010401
Assessed Land Value$54,900
Assessed Improvement Value$248,604
Assessment Year2025
About this property
A beautiful 1-story home with 4 bedrooms, 2 full baths, a large open concept, granite counter tops with a large island with room for bar stools, refrigerated a/c, and much more. Better hurry with this one!
Investor Tools
$229,207Estimated Mortgage Balance
$74,297Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,821 /month
Positive
Cash Flow Estimate:
$607 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$732/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,263
$303,504
2025
$54,900
$248,604
$303,504
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,263
$303,504
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocky Mountain Mortgage
Fha
$242,967
Yes
First
Apr 17, 2023
May 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,207
$74,297
24%
76%
$1,457/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,361/mo
$1,457/mo
$-96/mo
5.4%
